EKN expects companies to follow all current tax legislation and rules.
We also expect companies to work towards achieving a good reputation in tax matters by reporting and paying tax in time as well as running their operations with a commercial rather than tax-driven mindset.
How is EKN’s assessment made?
Transactions over SEK 50 million where the exporter or buyer is based in a so-called tax haven are subject to an assessment. The assessment analyses the exporter’s tax policy in terms of how it handles questions of transparency, that it follows applicable tax legislation and the OECD’s Transfer Pricing Guidelines and that the company does not participate in business whose main purpose is to avoid or reduce tax.
If the exporter does not have a tax policy or if it does not comply with EKN’s requirements, the exporter must sign a declaration.